Four groups submitted bids Wednesday for Singapore's first casino licence in a contest seen as slightly favoring US gambling giant MGM Mirage.
Executives of Malaysia's Genting International were on the doorstep of the Tourism Board headquarters when officials opened for business. They were followed by Las Vegas Sands, then Las Vegas gaming giant MGM Mirage and partner CapitaLand, Southeast Asia's biggest property group. The last presenter was Harrah's Entertainment, the world's biggest gaming operator, and local partner Keppel Land, a prominent local developer.
A winner is expected to be announced in June for the project at the waterfront Marina Bay site near the financial district. The casino is to open in 2009.
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Analysts have said the MGM bid has emerged a close favorite. Proposals will be judged on tourism appeal, architectural concept and design, development investment and bidders' financial strength. AGENCE FRANCE-PRESSE
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